Archived edition · 15:58 Lagos
Monday 28 September
- New articles analysed in today’s runs
- 10
- High-risk articles today
- 1
- Board appointments today
- 0
- Contract awards today
- 2
Key Developments
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CBN Accountability Pressure
Multiple civil society organizations, including SERAP, HURIWA, and HEDA, are demanding transparency and accountability from the Federal Government, the Ministry of Works, and the Central Bank of Nigeria ([guardian.ng](https://news.google.com/rss/articles/CBMiiAFBVV95cUxOS0xEQXdONWdabk5IdlNmZE5lOGliMzQ4M0tMVEpJZF9EM2c0OFJfLTZTS1RxVzdjM252UjBPM3RnWTNVYTU1U0hlWk0yYm9Jd1lxcEZsMENfemxmZWZnWWViZ09VSEtlMjlHVF90MHl0WVEwZm81Mk85d3E3Q3RtV2lUYTdMMzlt)).
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Regulatory Compliance
The Securities and Exchange Commission (SEC) issued a circular clarifying the implementation of IFRS sustainability standards for reporting entities ([Premium Times Nigeria](https://news.google.com/rss/articles/CBMi6gFBVV95cUxOSG9iVnQ2MWZmeU9tdGFYYnk1NVlpeUN2cTYySVRtejlCSU9wWmtac3dic25mY2V4dk4xclNVUDVLTk1mQUhPT0NrZllFeXFUZjhlM1dfRlpxbHJVd0pCV1gzOVRzOHprbnRWR3J1dE90YW80NEw4dkJiWjR2ZjVid1JFMGRKYWVKUjlPQ3lyYUYtUTR1dFB4d21qNjhwbmEzTWd4cVVpQWNUeGk1VnVLYlB4R01IOF80Yl8tVlNMamFWdkVlYmdGbXlGR2VSeVN4TjU5VndnWWlHV0hNMUUwaDRnZTRNZHI0VXc)).
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Financial Inclusion
President Bola Tinubu announced that the NCGC has unlocked ₦46.95 billion in loans for over 67,000 Nigerian citizens ([guardian.ng](https://news.google.com/rss/articles/CBMihwFBVV95cUxPams5NnFYMnNnYTV5Q0xib2VYN1Fha0RKUXJzTVV2UW95eXNLcm5VdTk1QU9WcEtEU2t5ZVBXRVVQMlVobWhRQkFDS1NzYVFZMEpLYVd4UEEtanpMVkdVNUQyLS1OVUt1R1lENTdwTmw5TUQ3aWs3SE1WQXIyVzVYUnlyQ0pPV0U)).
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Other Activity
NNPC and FIRST E&P are conducting healthcare CSR in host communities ([Punch Newspapers](https://news.google.com/rss/articles/CBMifkFVX3lxTE1uSGI4RS10Q3NWWlpqN2ZWVHFkMXJwTXItTEQ5dW4tRFBwaWtsUEZDbUx6M0MyUTRwZzQ0d2Z4NjFyZXAxWWJscEl6Q0NoYmRPV2l6MHhiWWx1dW1qcGlDS1dRTkJSZzFfcVYxaTdQMldCZldDeWM3S3MwclQtQQ)).
High Risk Alerts
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Alleged CBN Fund Diversion
SERAP has issued a seven-day ultimatum for the Central Bank of Nigeria to account for the alleged diversion of $6.23 million in election funds and ₦1.63 trillion in other public funds ([theeagleonline.com.ng](https://news.google.com/rss/articles/CBMi3wFBVV95cUxQV2ZwWTFBcnhENnRKbDFnbzVTanAxYm8zWkhoUEt3RnZKUW9pZkZOZEdKR25yUmZaS0tTa2JkOU5FUEwwRjlFTnFOa0loTVpHRGxLRUtlOF9TTVdJaDlMekRrbGJjdVZRY0F5aTJ4UkllQnRkTlN6Snc5V0xlc1pZdTR1aHdBc0p5aUY4ckY5YjBaT0tQay1yX0VVME5PSFZ5Q2JUcURWSFFCeHB1S2w4SWZZMTMwcjI4emd0b0NWSGhVUDRVNVh6WG9HSlJqTmNwMTVTbF9Ma0VHM2h3cVBz?oc=5), [Punch Newspapers](https://news.google.com/rss/articles/CBMigwFBVV95cUxPSUVjQ3ZMSFZEYlJ0TnlNSDFyNE5saVlpcG12N1RyX082NDZPdU1tb1BVSVl3UWwwbTJWM25fUDRWUGwtU0o5cGktRFJWMGhYeDNFV0lTc1JQelZOdHUtOEZVNWU2ZDlBdW1SV2pLVXBReTh3eSp4VmJQMzdzTUZ4cHcwOA)).
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International Arbitration
A Paris Tribunal dispute regarding the Mambilla project between the Nigerian government and Leno Adesanya was resolved, with the outcome attributed to investigative findings ([Premium Times Nigeria](https://news.google.com/rss/articles/CBMi-gFBVV95cUxPS1lwbEg5XzVfZnlic0ZIdGJFV0hhZVJZUEkzOXFKVzA1cHhtZUVUd0V4VTktdjlLN0dmYXBUMEkxbktPNWl5NDBIcU4yMXYzT0xrRElhLUhIOFdrNEY5R3ViSVJvWXlWTjdBRjR2UDh2MjNrVVlaV1ktckN2RUlvMEpfSjF2aGZVZThFdDRrcUpmOEJjN1kyYTl0bjFfMU5DQl8xNXp4NjJNdW1nTmJQa2ZyaTF3ZEJzSjVQVkE0QVM0dGVUZThvSFdhREhZZ0FCeE5LVmVwSVF2Ul9OeXdfTk1fbnkwUFA4a1Z3WmRZVGNtTEpBcjhwT0lR?oc=5)).
Beneficial Ownership & PSC Disclosures
No persons with significant control were identified in the provided data.
Procurement & Board Changes
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Maritime Infrastructure
The Federal Government has approved the upgrade of four ports in the South-South region ([Premium Times Nigeria](https://news.google.com/rss/articles/CBMizwFBVV95cUxNdjJTUlJxTF96Ny1GVEdiTTdzZGluMmF6Q0VkbnBQc1J4UHBFekpMU0c1aDBPMjZBUTU0S0ktLW1XMHA1aHkwMTdQdnQtU1JYQWUxSGtMR1lXZUtpTFBRc2dzZG9HN0VwWDBHUDNFTWdMLUxEZXpYOFJ2dHJoT0lxeWdCM3lKY2VtOEQ5ZUVZZ1FmNzQzQ3ozWlA2dkpxWDA4YmJRbzZqLTVNQTlYMkQwYmdBMWxQNV9ZeEJqaG83R2lIdVhBMVVQakRjenMxODg)).
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Waterways Security
The Lagos State Security Trust Fund (LSSTF) has donated protective gear and pledged a patrol vehicle for waterway security ([guardian.ng](https://news.google.com/rss/articles/CBMixgFBVV95cUxNdW80cmJvcmVmUklRcVlGY09Td1ZmVTdDMzlEOXpTVUV0SFdNSzRoQ0pGMTdoUHk0NkRCOW11c3NBZUZxTWxKaWhOd1dYcXdTOTdFUlNKemEyN082ZGdkM0hKQUQzUk5sWG0zMGJpM2NNeFNRLVhsZ2FWWHVhQ3p5UzZxSUJUeWlTNDZpZGhDLVE3TnhDMEZhLXM0WWJVbFRmNVJuZ3V6UllrMGpicXNkakNjazRHZDhTMzNKS2xDQ1ktTVU2T3c)).
- No changes to corporate boards were recorded.